Binance Smart Chain vs Polygon - Altcoin Projects ... Their website, twitter account, and telegram channel are all down, suggesting a rug pull by creators. Top 5 Binance Smart Chain Metaverse Projects. BSC is taking new projects from Ethereum's platform, and also existing projects are migrating to the BSC, especially NFT's platforms. Binance Smart Chain Hackathon : Visualization NFT Data on ... BinaryX is a project that created CyberDragon, a fantasy role-playing game built on Binance Smart Chain (BSC). PancakeSwap (CAKE) has emerged as a rising star in the decentralized finance (DeFi) sector with the recent surge in price helping the food-themed token become the first billion-dollar project on the Binance Smart Chain (BSC). PancakeSwap was built to compete against the world's top DEX, Uniswap, directly. Cream first reported their Domain Name System had been compromised by a third-party. With the explosion of Non-Fungible Tokens (NFTs) and crypto in early 2021, plus an assortment of rug-pulls and attacks to different cryptos . Binance Smart Chain (BSC) is a dual-chain architecture that allows users to build and develop their own digital assets and decentralized apps on one blockchain. Hence, we decided to curate a list of the top projects on Binance's new blockchain. Bogged Finance, a project built on Binance Smart Chain (BSC), faced a malicious attack in which $3 million worth of funds was drained from its liquidity pool on PancakeSwap. Top 3 NFT Projects on Binance Smart Chain. Binance Dedicates Another $1B to Smart Chain Project Binance's latest move came as a number of other new Ethereum-alternative projects are also dedicating hundreds of millions of dollars in . Leveraging its advanced consensus multiple successful projects are being launched daily on BSC. These three Binance Smart Chain projects are providing excellent value for investors. BSCPAD Tokens when first launched was only .02 cents, now each one is almost $2.00. One month since its mainnet launch, Binance Chain has gained support from at least 35 blockchain projects, with more to come. ⚠️ The biggest update for $ORK holders ⚠️ 1. Binance Smart Chain daily transaction is more than that of BTC and ETH combined. It is one of the first cross-chain yield optimizers built on BSC and it integrates DEX, Swaps, and Vaults. IRON coin is pegged to $1, partially backed by BUSD collateral, and partially backed algorithmically by STEEL, the token which accrues seigniorage revenue and excess collateral value. The reason for this has to do with the nature of these projects and their intention to be a get rich quick platform instead of a revolutionary finance tool. On 25.05.2021 by. I know this video might seem a little odd, but I was doing planing on doing my end-of-season rewards video for splinterlands, and I had just put some money i. Binance Smart Chain, the leading Defi, NFT and Infra platform, has completed the first community-voting mechanism pilot for its Most Valuable Builder Program that selected top ten projects from a . First Package. Last Survivor is a Metaverse project based on Binance Smart Chain. It has successfully launched over 20 projects on its IDO Launchpad. The BNB-BUSD yield farming "Vault 1" of the DeFi application Meerkat finance, a clone of Yearn Finance on Binance . It is designed to switch the user's investment automatically to the more profitable liquidity pools. All other features are on the Polygon side. 3 December 2021. Quick Take. With VR, AR, and mixed reality, people can play, work and interact online with each other using life . BNX is the native token of the project. BscProject - All Projects building on Binance Smart Chain. Binance Smart Chain, the Ethereum clone that has been mainly used by retail investors, has a plethora of decentralized applications building on its network.Unfortunately, a lot of these projects seem to get hacked. The Binance Smart Chain Project of the Year 2021 awards recognizes the best performing Binance Smart Chain projects that have built stability, an active user base, market influence, and gained . Binance Smart Chain, the Fastest Growing Blockchain. They are now migrating to Binance Smart Chain (BSC) which is witnessing steady growth. ZeroSwap ZeroSwap is a multi-chain, on-chain trading protocol that enables crypto investors to source liquidity from a range of decentralized trading pools to buy and sell digital tokens at zero cost. Binance chain recently became the biggest competitor to Ethereum due to its lower. Uranium Finance, a Binance Smart Chain-based DeFi project, says it suffered exploitation early Wednesday and lost $50 million. Potential issues with BSC for NFTs. Binance Smart Chain, which claims to be the leading decentralized finance (DeFi), non-fungible token (NFT) and Infra platform, has reportedly completed the first community-voting mechanism pilot . Binance Smart Chain has announced the 20 projects which will compete in the second phase of MVB II: The Big Bang of NFTs. RECOMMENDED READING: Xend Finance, Africa's Leading DeFi Project, Launches on PanCakeSwap, a Binance Chain Decentralized Exchange Follow us on Twitter for latest posts and updates Join and interact with our Telegram community Source: Instagram, Binance. 3 December 2021. Below, you will find a list of the top five, most promising projects on Binance's new blockchain. Venus works as an algorithmic money market system that aims at bringing a decentralized lending and credit system to the Binance Smart Chain. June 22, 2021. Source: a screenshot, Instagram/binance . The metaverse brings with it the promise of a more interactive, immersive internet, where even fictional digital objects can be experienced in 3D. On BSC, Battle Pets, PancakeSwap, and BakerySwap have all pushed further the limits of what an NFT can do. It is designed to run parallel to the existing and native Binance Blockchain. The network provides users with an easy way to swap BEP-20 tokens securely and efficiently. Lending protocol Venus Project, which runs on Binance Smart Chain, was on the verge of a hostile takeover today — before the original team stepped in and stopped it.. For the past few months, a trend is emerging where projects initially launched on Ethereum are shifting base. The metaverse brings with it the promise of a more interactive, immersive internet, where even fictional digital objects can be experienced in 3D. The project, which was originally forked from Ethereum projects Compound and MakerDAO, has a decentralized governance system in which token holders vote on changes to the protocol. Venus. Within its first 6 months StarShip developed a non-custodial wallet, a token generator, online learning platform, and decentralized exchange. BSC, ran by the crypto exchange giant Binance, may be getting more popular among the projects, but it's also becoming increasingly ailed . The core of StarShip business model is its DeFi platform. Welcome to DeFi, a sub for building the open financial system. The current use cases for BNX includes: Revisions may occur after the delivery date. "Binance Smart Chain hit a record-breaking milestone of over 14.7 million blockchain transactions in one day; a milestone no other blockchain project has ever achieved!" We list down some of the reasons they provided for supporting this new community-led blockchain. The demand for non-fungible tokens (NFTs) keeps growing on Binance Smart Chain (BSC). Binance Smart Chain was launched in September 2020 and now hosts several projects and is quickly growing to become the biggest blockchain network. 2019-06-04. "Binance Chain is a blockchain software system where Binance is just one contributor to the project. NEWARK, DE / ACCESSWIRE / November 28, 2021 / Binance Chain is growing rapidly with over $15M transactions daily. It enables users to swap between cryptocurrency assets by tapping into user-generated liquidity pools. The blockchain's speed and low transaction fees make it very attractive for both users and developers. A Guide on DeFi Investments. by coinpriceman. As a public base layer blockchain project supported by Binance, BSC's success came as Ethereum's network became too congested and the transaction fees on Ethereum, also known as gas fees,. PancakeSwap then confirmed they had been DNS hijacked, prompting an announcement from Binance CEO Changpeng Zhao. NEWARK, DE / ACCESSWIRE / November 28, 2021 / Binance Chain is growing rapidly with over $15M transactions daily. Top 5 Binance Smart Chain Metaverse Projects. On BSC, Battle Pets, PancakeSwap, and . Let's learn about them. Student Finance Crypto Binance Decentralized SmartChain Projects Token will be the standard education sector currency, with the purpose of standardizing costs world wide. Binance Smart Chain (BSC), the leading DeFi, NFT, and GameFi ecosystem, has announced its investment in Project Galaxy, the permissionless on-chain credentials infrastructure, via its $1 billion Growth Fund to support BSC-based projects leverage the ecosystem's resources and significantly increase user engagement, globally. How does it work? Binance Smart Chain projects are super high risk because the devs seem utterly incompetent, have very little understanding of the complex projects they are forking, and on the tech side they just know how to fork from Ethereum, but dont have any clue about the maintenance, or future upgrades and keeping the project up. Established in April 2019, Binance Smart Chain (BSC) is a blockchain that levels up smart contracts features and compatibility with the Ethereum Virtual Machine (EVM). Your goal is to be the last on the battlefield to win the game - only one player wins the game. 4 minute read. There are 8 social media platforms where you can get regular Binance Smart Chain news and project updates. However, projects on the smart contract platform have lost millions of dollars to hackers over the past few months. Another Binance Smart Chain Project Suffers an Attack. We welcome all talented developers, builders, and creatives from around the world to build the next generation of projects on Binance Smart Chain, which is an EVM-compatible high-performance blockchain featuring cross-chain compatibility with Binance Chain. Binance Smart Chain had claimed that the attacks are targeted and organized. BNX is the native token of the project. The demand for non-fungible tokens (NFTs) keeps growing on Binance Smart Chain (BSC). Autofarm is a revolutionary cross-chain yield aggregator built on Binance Smart Chain. To illustrate the point, let us look at these statistics. Both projects solve the problems that Ethereum has. Currently more popular is the Binance Smart Chain, which has created more than 700 projects, while the Polygon network has about 150 projects. BNX is the native token of the game, used for community voting, hero recruiting, hero upgrading, and other core game functions. Another day, another hack on the Binance Smart Chain. Binance Smart Chain project hack leads to theft of $139 million. Binance Smart Chain (BSC) is a sovereign smart contract blockchain delivering Ethereum Virtual Machine (EVM) compatible programmability. The Binance-backed platform saw transactions that were well above 14.7 million on November 16, surpassing the previous record of 13.1 million it had set on July 29. Raj works on your project following the steps below. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. As we see every aspect of the financial system move across into the decentralized crypto world, it is time to do the same for the education secotr.
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